T O P
Franksareforcucks

ARU up 17% despite neodymium prices on a steady decline. Weird.


[deleted]

MAYbe?


scrnk4

MNS you beauty.


InterestingShow1112

Time to buy IVZ? all I saw today were messages that said it was a good time to buy


M1UR4

Wait for Wednesday’s dump


shitredditsays01

Thank you MAY, now don't fall back down you dog


sneakycutler

Wonder what heights MAY can reach if they hit big this week.


ChZakalwe

$1


rsoule878

$2b plus MC. Nah. 30c would be max everything goes to plan next few weeks. Pumping oil and zapato hits oil then maybe 40c to 50c 6 months after pumping oil starts. Zapato hits MAYbe 20c to 25c max


spank-hair

FRS coming in for the save with the big +30%. (Shuddup about volume just let me have this one).


daclaw2k

why hold anything but PLS?


WowVeryJosh

Find the sector, then find the breadwinner BNPL --> APT Julimar region --> CHN Lithium --> PLS/AKE Rare Earths --> LYC Iron ore --> FMG


Wheresthecheesemoved

Psychedelics / Cbd portfolio --> IHL


Wheresthecheesemoved

Golden plated uranium powered sex toys --> DLC


ChZakalwe

Spring water --> 88E


tynub89

ahahahahahha


rustysalmon92

Chocolate eggs with small plastic toys in them --> YOW


sneakycutler

thats the type of smooth-brain candidates we love having on here


nohorncap

millenial Broken Hill Proprietary Limited (I'm not contributing to that goddamn ticker in the daily sum). That said, I sold today - I could be wrong, and fine if so, but share price is gonna drop sometime, so taking gains now to get me out of not gaining shares, and buy back in later.


sneakycutler

That’s a fairly conservative thought out play. Take money out for future dips. But im curious what’s the reason for your strong conviction on BHP falling further?


nohorncap

had a look at a chart recently? Down 13% this year. What is the reason for your strong conviction that somehow they’re gonna magically course correct during a downturn? [BHP red this past year](https://i.imgur.com/BTY5iKE.jpg)


sneakycutler

What about it? China’s economy and demand for its product are arguably the most influential indicator for BHP/FMG. Unless the SP is at an ATH or ATL, fuck a chart.


enigmaticbeardyman

DCA’ing into the mining ETF known as BHP.


mechengguy93

Bought a decent parcel myself on Friday, hoping I picked the trough


sneakycutler

_One of us, one of us, one of us_


NoDuffTrading

MAYO is no more , I now want to be covered in MAY


rsoule878

Looking for that babe for you but no volunteers, sorry mate.


NoDuffTrading

Guess cash will have to do


sneakycutler

Can they not create more options?


NoDuffTrading

Maybe at the next CR they will but I think moving forward funding will be from big oil or line of credit rather than issuing stock seeing as they have a resource now. We’ll see how frugal they are with their funding and what they can achieve with 50mil cash on hand


shitredditsays01

If the flow tests succeed, they (MAY) pay 15% and Sonagol pay 85% correct? (for the first two wells)


NoDuffTrading

Yes I believe all exploration, appraisal and production costs will be split like that for the first 2 wells only. I believe the forward plan will have further agreements in place as they have like 15 more prospects in block 9


sneakycutler

15 more prospects … 💰


NoDuffTrading

Need to start producing so they can fund it


mo2704

wtf reason could be taking so long with the LKE ceo announcement? Steve fucking off was announced more than two and a half months ago and they announced they had done final interviews on 19th August


lanpup

Responses to this = gold


Massive_Button9434

It's end of season everywhere, they need to wait for the other negotiations and dominoes to fall in to place : Dusty to Sydney Buddy to Brisbane DeGoey to North Piastri to McLaren Ricciardo to Nascar Kyrgios to the ACT magistrates court then some joker in a cheap suit to LKE Something like that


[deleted]

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Massive_Button9434

I like your Scomo... I ran out of time to think of more !


nohorncap

Possible holdups: \- Have they finished that 4th wall yet? Wanted to have that done before announcing. \- RedCloud need to finely craft an announcement of the new CEO in order to sell their options. \- Waiting on that "ceramic bead technology" to work so that the new CEO can talk about it. It's not working, and neither are the people who are meant to make it work, because they probably haven't been hired yet, or suck if they are.


Webpage9

WHC +6.5% 🤰🏾


EMHURLEY

It made me $8600 today, beautiful


Mr_X2017

Beats roofing in summer!


Webpage9

🤰🏾


Crashworx

WHC is now my single best investment since starting all this... crazy strength recently.


sneakycutler

what's the total value youve got on them now ?


Crashworx

I’ve got 20k units.


sneakycutler

Decent amount. I imagine youve made a handsome profit this far, excl divs.


Crashworx

Yeah and I hesitated to buy more in the high 4s. But I’m definitely not complaining.


stromyoloing

Got SNAS so you speccy autists can fly high and have green coming outta your ears tomorrow


ChZakalwe

TRAITOR!


mison82

What a shit day …. -6% 😭


nohorncap

one day, you'll look back and this, and go...fuck, I'd give anything for only 6%. This is a goddamn red sea shitshow.


Stunning_Blackberry

That is today for me


StinkyFatWhale

Oh my sweet summer child


StinkyFatWhale

25mln down... Only 75mln to go


Dude_Chucks

My back is already cooked from doing the limbo, plz no more down


Lukeypop

MAY the oil flow strong.


ChZakalwe

MAY it be so!


NoDuffTrading

People should ditch IVZ and come to MAY


lanpup

Take my wife’s name out your mouth


bluey_02

You shut your whore mouth.


NoDuffTrading

Suck my oily drill bit


bluey_02

Present it.


NoDuffTrading

I am 2300m deep , gonna take a bit to pull out


sneakycutler

Dont worry u/bluey_02, his drill bits will probably be stuck again 🤣 *laughs in pain as a MAY holder*


NoDuffTrading

Just penetrating too hard going to snap a shaft or two


EMHURLEY

I am so fucking close to breaking even on NVA I can almost taste it


GeoSciFi

Going to hold or move on mate?


EMHURLEY

I’m annoyed that a stock I’ve held for a couple of years (and so enjoys the CGT discount) will be sold for nothing, but I’m also keen to chase the next scam dream and keep the endorphins flowing. So I’ll probably sit on it until something better presents itself. My 80% loss on TMZ, on the other hand, is something I can’t wait to kick to the kerbside. Hoping for it bounce back to 3c though, then I’ll punt it into the sunset.


litres-of-cum

[me](https://youtu.be/5qEFFR8gX6k) checking my dogs at market open.


kangaroute

Milli,...you look younger than i expected


plucky26

>me > > checking my dogs at market open. fucking brilliant.


nohorncap

got the feeling dude practiced that for hours in front of a mirror just to get it right.


plucky26

>practiced definite.


Franksareforcucks

Looking to take advantage of Russia "maintaining" the Nord stream of gas to Europe. But I don't seem to have enough expertise to find anyone in a position to capatalise on this unfortunately.


ChZakalwe

So MAY had a weird spike....


NoDuffTrading

Options done after today, nothing but upwards from here


sneakycutler

Somethin something leaky ship


ChZakalwe

I so fucking hope so, since HZR is letting me down right now...


sneakycutler

Just my opinion, a little early for pure hydrogen plays. Go safe, go FMG. (Disclaimer: Im not a FMG holder)


whenami-whyareyou

Look, I was promised that all this inflation stuff was priced in! Why am I back to where I was 3 months ago?!


Webpage9

welcome to a bear market 🤰🏾


[deleted]

[удалено]


plucky26

>worse than DW8 😂


[deleted]

holy IVZ thats some big drop 20c now


havnreddit

Wtf is happening and why


px1999

Cap raise was done during TH for another unrelated thing (Gazettal of increased land). Gazettal was delayed for administrative reasons. People expected gazettal and independent resource estimate for new play to be released (it might be 1 Gbbl). These were not announced. This was expected because the timing would maximise the exposure and share price going into drilling. Lots of people wanted this to happen so they could sell half their shares and free carry the rest because the upside potential is crazy if they find even a portion of what they're looking for (likely a billion $ company overnight). Cap raise had very generous options attached (1:1 at 40c, raising at 23c from memory) when stock was at 31c. The reason for this was that the co *needed* to raise enough to get through to production without needing to find a farm in partner. Bagholders and people trying to sell + free carry became sad at the price drop and unloaded their shares at a smaller profit. A ton of shares to the tune of \~15% market cap will be issued this week so ¯\\\_(ツ)\_/¯ TBH I expected Gazettal and resource announcement and got caught up in the hopium, forgetting it's Zimbabwe. They'll drill sometime this century, but won't give long term holders a freebie of their money back in the meantime, hence the loss in confidence/hope and the drop. ​ TL;DR: none of the fundamentals or probabilities of success have changed (some have, but upwards), but people were expecting a price spike before drilling (which likely won't be as significant as they thought).


litres-of-cum

Downrampers got a hold of it :(


[deleted]

[удалено]


The_Walrus351

Can you elaborate a little more ? I went balls deep on this


plucky26

you got a valuable lesson. Some people get to feed on the blood and guts of others as a right of passage. The machine in all its glory. go forth and be the sacrifice for the bozos who are rich enough to be buy their way in first. Unfair? yea .


plucky26

What did they Raise at? they had a raise , what price? does the new price match the raise price. ?


plucky26

>does the new price match the raise price. ? hmmm? >Invictus Energy Limited ("Invictus" or "the Company"), is **pleased** to announce a private > >placement to raise $25m at $0.23 per share following the Company’s decision to sole fund the > >initial drilling campaign in Zimbabwe’s Cabora Bassa Basin. 0.23 and there was a drop to .23. I couldn't off seen that comming.🤣🤣🤣🤣🤣 only miles out. instos or sophs were **pleased**, need the money now for the hookers , ice addiction, johny needs a new lambo, you know all the stuff that wojacks of the sub fund


NoDuffTrading

Raised at 4c


plucky26

>Raised at 4c where?


NoDuffTrading

I was being sarcastic


plucky26

I was thinking in the far past . but no. ok you got me.


NoDuffTrading

It was 23c but 1:1 option with strike of 40c


[deleted]

[удалено]


plucky26

>Expecting 17c honestly why 17c?


[deleted]

[удалено]


plucky26

>Gap with the 10c cap raise early on could be . Other people get the stops hit and bang. All kinds of shenaniganss happening.


TypeJack

MAY: Zapata to announce findings on the 12*th of September or one week ban.


mcfucking

🦄 noted


TypeJack

It's my first time, be gentle!!!


rsoule878

I reckon youll be seeing oil skid marks around then. Probably mine but maybe Zap1.


mcfucking

👀


NoDuffTrading

Thursday this week cause 11th is a Sunday


TypeJack

Let's change that to the 12th, the Monday


sneakycutler

In Cuba it’s a Wednesday


NoDuffTrading

“Drill bit stuck again”


sneakycutler

War trauma meme


cameltrowe

Rumour on the street FFX is for sale - who wants it PRU??


Asxpuntingmuppet

I still feel the ticker should be FFS For Fuck Sake


WowVeryJosh

Knowing how rumours and FFX go, it must be a certainty


cameltrowe

I hate that that’s true


Crumpy88

Put those foolish ambitions to rest


throw23w55443h

Does anyone think DGL is low enough? Increasing revenue and profit, hammered due to poor cash position and dilution.


everchanges

Really hard to tell. Could go lower.


Cuong_Nguyen_Hoang

Btw, what do you guys think about the prospect for Qantas? I know that many of you hate Alan Joyce, but I think that with many people returning to travel now, things would be able to improve soon :)))


nohorncap

shit.


destined2bepoor

Airlines in general have tiny operating margins and most run at a loss. If you're looking at say even doubling your money at current MC, it will never happen. I wanna know how they're gonna get out of the $8bill debt they have, refurbish business and first class across the WHOLE current fleet AND pay for the 52 (YES 52!!) new airbuses on order in the next decade? All while the frequent flyer program is the only section that makes a profit? This was the case pre-covid also. Yet the government gives Qantas $2 bill in grants to keep it afloat, which in turn execs not only raised their pay after sacking thousands of people, but then giving themselves a bonus also. Fuel is at crazy ridiculous prices,(expect this to stay the same the next 2 years) airport and runway fees have gone up a crazy % ( can't remember the exact amount) . Qantas are understaffed across all facets of the business( except in the exec team funnily enough) are facing multiple union strikes and industrial action. Qantas has the worst customer satisfaction rating it's had since like 2003 or something. Qantas OTA and flight completions are at an all time low, with multiple reasons being the issue, not enough planes back in service, no staff, operational costs, Covid restrictions,etc. Regardless of whether you like Alan Joyce or not. There's no value in this stock in my opinion. There's literally nothing left to cut back to lower costs I would go as far as to say it's the worst boomer stock on the ASX. The likelihood of needing government injections of cash is real going forward also. Though I am stupid and I could be wrong. But I wouldn't buy this dogshit with my enemies money . Not financial advice Yada Yada, DYOR, etc.


Sharp_Pride7092

Surprised the shit out of.me the prices it has reached last year/s. So many wind/obstacles whatever you call them in practically every economic enviro imaginable. Dunno, am guessing that all flag carriers in develop/ed/ing nations slurp at the .gov teat. Still, no fucking way do I wanna stop over in Saudi jr. countries. Fuck that.


destined2bepoor

Well yeah they're benching the a380 due to fuel guzzling I think too, which means less direct international flights and more stopovers in the UAE most.likely, especially for UK flights.


Sharp_Pride7092

UAE-Sharjah is for degenerate whoremonget Brit expats bound for Thailand. Wish I could join them.


[deleted]

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destined2bepoor

I agree it would be chaos. As it's our national airline and has to remain 51% Australian owned. If that caveat wasn't there, it would've been sold off for spare parts by now, or owned by china like everything else. Also I think from memory, Qantas might be doing a $400mill share buyback?? How are they going to do that? More debt or a cap raise?


[deleted]

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px1999

RAC is using the proceeds from a SPP to repurchase shares at half the SPP price. It's a bold move, but possible (and tbh pretty smart)


plucky26

>But I wouldn't buy this dogshit with my enemies money . 🤣🤣🤣🤣🤣🤣


throw23w55443h

People hate him but dont realise he is very effective, he's playing the game very hard. That said, i bought at 4, sold at 5 something and wont be back in. I just dont think airlines have the growth potential of other industries and are very prone to fuel price changes.


stonefree251

MI6 up 8% with whispers of drilling results to be released soon.


throw23w55443h

It's been creeping higher recently, ive always thought they had a leaky ship so heres hoping they have some good results, im -30% on em


plucky26

>im -30% 🙄 i feel the pain too for my red portfolio.


stonefree251

11% today now.... wtf?


Baked_Potato22

Quiet in here


StinkyFatWhale

I died


mcfucking

Save the whale


StinkyFatWhale

🥲🐋


mcfucking

[For good luck](https://youtu.be/nDqP7kcr-sc)


degenmaximus

Too quiet… 🤔


EMHURLEY

Sign of the times.


throw23w55443h

Fuckin SYA ruining my fully green day (excluding ex-div)


stormi_13

Man I didn't realise this sub was full of little bitches. IVZ got so many of you running scared.


WowVeryJosh

It's the fucking HC $1 party syndrome bleeding into the sub. Everyone thinking about the sky high "$1" potential if the drill hits, but won't acknowledge the 0.08-0.1c if it misses. Or everyone thinks it has to do what 88E did Like it hit $350M MC as a speccy O&G prior to drill. Idk what more you can ask for a speccy


plucky26

> HC $1 party syndrome 😀🤑🐱‍🏍


hgttg

People need to look back at PRM and realise the same thing could happen, entering spud at basically all time lows. at least IVZ got a pump, PRM didn't.


throw23w55443h

It does surprise me that people seem blindsided by this after all the news... also its a speccie for a reason, its not supposed to be smooth sailing or easy!


Cautious-Mountain-83

Ikr


check_meat

I guess WES has the linen and sheet market sewn up, must be making coin with all the beds being shat in.


Blisser_the_Sniff

Dear u/Chzakalwe. Shut up. That’s all.


litres-of-cum

It was a message from the poo man :0 https://www.reddit.com/r/ASX_banned/comments/x5w6fg/monday_to_thursday_market_discussion_asx_crypto/in5a7bj/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3


ChZakalwe

No. And wipe the drool from your mouth old man.


Blisser_the_Sniff

I’ll hydrate my lip any goddam way I please


rsoule878

Nice portrait


Jason_Tail

What's up IMU?


Jason_Tail

I'm worried it's a leaky ship on some bad news.


Calm_Lengths

Testing support before the bounce?


[deleted]

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Cautious-Mountain-83

But why would he be shitting bricks. If the craps in the ground then its gonna be massive and now there's like 11 opportunities for crap in the ground. So there was a badly timed CR, oh wells.. You can free carry during the drill process and there's alot of targets! I don't know why but I am less worried about this than before when zim govt were being tardy.


Stunning_Blackberry

Taking a step back (which is hard for all of us who are in big and have been for awhile). The SP touched 24.5 in April 2021 (closed at .21), then bobbled around .14 to .18 in the following months post the 70+ m share placement. Around that time the MC with shares outstanding was about 100m. Once the shares from the recent placement are issued, assuming current SP, our MC will be about 200m. When the MC was about half, we were expecting a farm-in of 25% to 33% which would have left us with 47-55%. Now IVZ is self-funded for the first two wells with 70% interest (accounting for the 10% back in rights by the Zim sovereign wealth fund). When the MC was about half, IVZ had 100sq kms with two targets. Now IVZ has 360sq kms with 7 drill ready targets and multiple other leads. When thw MC was about half, IVZ had a total prospective resource estimate of 8.2 TCF and 247mmbl (1.6 billion boe), and there was the very real risk that the new seismic might show that Mobil's decades old seismic was inaccurate. Resource estimate is now 20TCF and 845mmbl (4.3 billion boe). And that is for Mukuyu-1 alone - so we know there will be a further resource upgrade for the 5 basin margin targets (and Msasa which was not included and was 1TCF in the initial estimate). When the MC was about half, the two plays which were planned for drill were of the same type. The second drill target is now a different play type, which derisks the campaign somewhat. When the MC was about half, there was the risk that drilling might never occur. The drill is now up and spudding in the next week or two. When the MC was about half, no one even had a inkling of a carbon offset project worth 10's of millions currently pending certification, and potentially 100's of millions with the future projected price of carbon offsets. When the MC was about half, natural gas prices were about $3 per mmbtu. They're currently about 3× that at $9 per mmbtu.


Alexis_Dirty_Sanchez

Get that hopium back to HC where it belongs


Stunning_Blackberry

Not really hopium, they're just facts


Alexis_Dirty_Sanchez

Cherry-picked "facts" to support your deluded gamble. Like I said, hopium.


Stunning_Blackberry

https://www.reddit.com/r/invictusenergy/comments/usud9t/trading_halt/?utm_medium=android_app&utm_source=share


Stunning_Blackberry

Mate didn't I see you on the invictusenergy subreddit at some point? Hahah yeah I found it - on the trading halt live chat 3 months ago you posted that the fundamentals haven't changed, how it's derisked in your opinion, and that you're going to accumulate


ChZakalwe

Are you telling us, or telling yourself?


Stunning_Blackberry

Absolutely myself


ChZakalwe

LIES! I'm calling the SEC. and ASIC. And fair trading!


Stunning_Blackberry

$382k now


ChZakalwe

What was your actual original investment?


Stunning_Blackberry

232 including the SPP - so I've got 70k .14 options too


ChZakalwe

So...still hilariously up?


Stunning_Blackberry

I'm not laughing


ChZakalwe

Why don't you and your 150% gains leave us to our misery eh?


[deleted]

[удалено]


mechengguy93

Thats how all my t+2 trades end up these days


litres-of-cum

DW8 going where no stock has ever gone before. Kind of brave really.


Butter-Brain

Time to do a stock split so the SP goes to 0.1c and bottoms out 🍑.


litres-of-cum

My brother the current price is 0.7cents


Butter-Brain

I’m retarded, I mean 0.1c 😢


Razorzej

Pretty impressive implosion


ProfessorJimHarris

I know lots are speculating ivz to go below 20c but I think it'll hold above 20cents. There's some potential positive announcements coming up but I reckon the risk reward and fomo will be enough to keep it afloat till spud. Buying as much as I can in the low 20s. Looking to exit mid to late 20s before spud.


[deleted]

I think not... any news will be used by soph to dump their holdings tbh


Franksareforcucks

At this rate I might ask for coal for Christmas


EMHURLEY

Absolutely no way Santa can afford it.


sneakycutler

ban bet: BHP to end the week green. I'm hoping they don't get fucked too hard after tomorrow's RBA announcement. Edit: 1 day. Never done it before 🥹


mcfucking

I won't take anything less than a week. Let me know if you're still keen 👍


sneakycutler

This is mcfucking bullshit


mcfucking

Imagine how long the bans list would be and the degeneracy involved 😂


ChZakalwe

1 day?! What kind of bet is this? 2 weeks or nothing! u/mcfucking


mcfucking

Lol